Dominion Disappointed in Union’s Rejection
of Offer
RICHMOND, Va. -- Dominion Virginia Power, a
subsidiary of Dominion (D), announced Monday that the 3,700 workers represented
by the International Brotherhood of Electrical Workers Local 50 have rejected
a proposed labor agreement.
"We anticipate returning to the bargaining table and
resuming negotiations," said Edgar M. Roach Jr., president and chief executive
officer, Dominion Virginia Power. "While we are disappointed that this
fair and reasonable offer was rejected, we believe that discussions can resume
in a professional and amicable manner."
The company and the IBEW Local 50
began negotiating in January to craft a contract to succeed a three-year agreement
that was ratified in 1995 and extended twice, each time for two years.
"We want to assure our customers that we remain committed
to generating and delivering the safe and reliable electricity they expect from
us and have contingency plans in place and ready to implement if necessary,"
said Thomas F. Farrell II, chief executive officer, Dominion Energy.
Dominion is one of the nation’s largest producers
of energy, with a production capability of more than 3 trillion British thermal
unit of energy per day. Dominion also serves 3.9 million franchise natural gas
and electric customers in five states. For more information about Dominion,
visit the company’s Web site at http://www.dom.com.
